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HomeMy WebLinkAbout2013-971-11/18/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2013-971 RESOLUTION APPROVING AMENDMENT TO DEVELOPMENT AGREEMENT AND AMENDMENT TO MINIMUM ASSESSMENT AGREEMENT WITH CEDAR VALLEY WAREHOUSE, LLC OF WATERLOO, IOWA AND DIRECTING EXECUTION OF SAID AMENDMENT BY MAYOR. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the Amendment to Development Agreement and Amendment to Minimum Assessment Agreement dated November 18, 2013, for the building located at 2843 Geraldine Road, to better define timelines for tax rebates and required minimum values on the project area, by and between Cedar Valley Warehouse, LLC of Waterloo, Iowa and the City of Waterloo, Iowa, be and the same is hereby approved, and the Mayor and City Clerk authorized to execute the same in behalf of the City of Waterloo, Iowa. PASSED AND ADOPTED this 18th day of November, 2013. Ernest G. C ark, Mayor ATTEST: uzy Scres, CMC City Cle k